Ouachita, AR County is a great place to live with a lot of local businesses and activities. The rent for two-bedrooms in Ouachita is $720, which is a significant savings when compared to the national average of $1,430. Grocery costs in Ouachita are also quite affordable with an index of 91 compared to 100 throughout the United States. There are many local companies that contribute to the county's economy such as Walmart, Tyson Foods, and Simmons Bank. Overall, Ouachita offers great amenities at a lower cost of living than other places in the United States.
Ouachita County has an unemployment rate of 4.5%. The US average is 6.0%.
Ouachita County has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Ouachita County
- The Sales Tax Rate for Ouachita County is 10.8%. The US average is 7.3%.
- The Income Tax Rate for Ouachita County is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ouachita County
- The average income of a Ouachita County resident is $22,485 a year. The US average is $37,638 a year.
- The Median household income of a Ouachita County resident is $43,338 a year. The US average is $69,021 a year.